| Ratios of Outstanding Debt by Type | ||||||||||
| Last Ten Fiscal Years | ||||||||||
| (Expressed in Thousands) | ||||||||||
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Governmental Activities | ||||||||||
| General Obligation Bonds | $9,216,354 | $9,606,611 | $9,905,242 | $10,211,493 | $10,596,581 | $13,092,570 | $13,443,525 | $13,592,708 | $13,794,340 | $13,964,576 |
| Transportation Obligation Bonds | 3,205,815 | 3,153,949 | 3,113,875 | 3,094,001 | 2,822,585 | 2,790,682 | 2,817,015 | 3,030,485 | 3,357,595 | 3,287,340 |
| Long-Term Notes | 219,235 | 273,215 | 209,560 | 146,090 | - | - | 228,160 | 1,143,955 | 915,795 | 747,935 |
| Capital Leases | 67,988 | 53,761 | 76,955 | 60,491 | 56,244 | 51,748 | 47,129 | 41,702 | 42,995 | 42,759 |
| Total Governmental Activities | 12,709,392 | 13,087,536 | 13,305,632 | 13,512,075 | 13,475,410 | 15,935,000 | 16,535,829 | 17,808,850 | 18,110,725 | 18,042,610 |
| Business-Type Activities | ||||||||||
| Revenue Bonds | 1,555,161 | 1,713,805 | 1,619,658 | 1,523,130 | 1,577,723 | 1,358,084 | 1,601,797 | 1,498,380 | 1,556,218 | 1,439,345 |
| Total Business-Type Activities | 1,555,161 | 1,713,805 | 1,619,658 | 1,523,130 | 1,577,723 | 1,358,084 | 1,601,797 | 1,498,380 | 1,556,218 | 1,439,345 |
| Total Primary Government | $14,264,553 | $14,801,341 | $14,925,290 | $15,035,205 | $15,053,133 | $17,293,084 | $18,137,626 | $19,307,230 | $19,666,943 | $19,481,955 |
| Debt as a Percentage of Personal Income | 9.58% | 9.32% | 8.95% | 8.45% | 7.82% | 8.78% | 9.31% | 9.84% | 9.49% | 9.19% |
| Amount of Debt Per Capita | $4,092 | $4,230 | $4,252 | $4,290 | $4,357 | $5,077 | $5,181 | $5,402 | $5,483 | $5,427 |
Notes: Details regarding the State's debt can be found in Note 18 of the financial statements.